If 400,000,000 people one day use Bitcoin, the value of all the bitcoins would exceed several trillion for sure.

This is once again apples to oranges.

He already spent it a while ago:


He just wants to find the address because he wants to refill it perhaps? I personally don't think thats a good idea because the resell value is now gone anyway.

Only several percent of the currency has ever been released, with 95%++ in control by the founders or the company. When supply is severely limited so that only a handful of units exist, it's easy to get ridiculous marketcaps.

It's like I sell a billionth of my company for $10. On paper the company is now worth $10,000,000,000. This is the exact same situation with Ripple.

You need to understand why this is. Paypal and VISA are faster than Bitcoin in a way due to the underlying mechanisms. I believe Ripple has some type of trust based system where the nodes agree on who to trust. Bitcoin is fundamentally solving a different problem. Many people in the community are interested in Bitcoin because of the trustless nature of the network more so than the transaction speeds.

Also this shows you're very much unfamiliar with the speed at which Bitcoin operates. It's likely point of sale nodes will have code that checks the network for double spend attempts when accepting a transaction. Thus this means that 0 confirmation transactions are indeed likely to become the norm. Do you know how fast a 0 confirm is? It's very fast.


And where is your argument? All I see is immature naive wishful thinking. Nothing of substance at all.


Market forces dictate the price, and Ripple has already had a rollercoaster of its own, thus negating your point entirely.

Yes but how many counterparty coins will Ken need to buy to make this work? Also how does Ken issue more shares? Because it's 10,000,000 in the wild until 0.0025 is paid, and then another 15,000,000 enter the wild. So does counterparty allow Ken to issue more shares? Or if not, can he issue all 25,000,000 at once but force a logic rule on the 15,000,000 preventing dividends until the 0.0025 is paid?

Only shares bought on Crypto-Trade can be traded on Crypto-Trade. All shares bought on BTCTC and Bitfunder are in lock down and are blocked from trading.

Somehow it's legal for the Crypto-Trade shares and not the rest. Go figure.

I don't understand. Can someone chime in and prove the details.

Satoshi must immediately sign a message from the genisis block proving he is not this Dorian guy.

Not all shares cost 0.0025 at IPO.

No way, if there is a real Satoshi, after seeing the inevitable media shit storm within just 2 hours he is not going to reveal himself.

I can totally see this.

Imagine he was mining at least 3000 bitcoins a day, I bet he never thought that it's kind of like mining $3,000,000 a day, all you do is wait 5 years.

Bitcoin probably took off beyond his expectations.

There are very few known locations on Earth with almost half a billion dollars up for grabs. Money that can be irrevocably moved across the globe within seconds.

You could break into Bill's house and not find anything anywhere near that valuable. And stocks/cash transfers? All reversible. You're just trading on a central exchange or to another bank after all.

The reward for breaking into Bill's house and holding him at gunpoint is perhaps $100,000 at most.

Even compared to stealing paper stocks/bonds it's not the same. A low net worth millionaire could pay someone who is poor in russia to come over and get the keys and then kill himself. The poor guy sends the bitcoin to an address before committing suicide.

What just happened? Well now the poor guys family get some money and the millionaire is now a potential billionaire. This original millionaire could have even threatened the poor guys family.

Anyway, there is no need to escape the country or state with a ton of paper bonds. It's all gone in seconds.

Also it's better than stealing money via wire transfer. A lot of rich people (even gates) don't have $400,000,000 in cash waiting for a long drawn out potentially reversible wire transfer.

I am not exaggerating, this guy is in for some crazy trouble. And if Bitcoin keeps going up this location will become a prime target for all criminal masterminds.

If so that means there is only one client, so what is MPOE talking about? If no one takes the Foundation client seriously, what client is being taken seriously?

I want to know about those coins real bad, but you do make a good point. It is a safety issue.

Perhaps go into the bank and run Armory there?

Beyond trouble.

If true he might have the highest concentration of easy to access/steal wealth on the planet.

Where else can you kidnap someone and force them to reveal a passcode to move $400,000,000 across the world?

There are no other targets for such a easy take that cannot be reversed. This is insane.

- bitcoind
- Bitcoin-Qt
- Gocoin

Both bitcoind and Bitcoin-Qt are the main backbone of the Bitcoin network. I'm not sure what ratio of nodes are bitcoind or bitcoin-qt.

I would actually say the bitcoind is more important because this is the one all the services would use.

Armory can do this.

Ok. But it's not possible to download the original GUI reference client right? So isn't the Bitcoin network essentially dictated by Bitcoin-qt?

How so?

How would the 'real' Satoshi prove it?

If there was an easy way to just sign a tx and be done, surely the Newsweek Satoshi would just do that right?